Hitachi (OTCMKTS:HTHIY) Stock Price Passes Below 200-Day Moving Average - What's Next?

Key Points

• Hitachi Ltd. (OTCMKTS:HTHIY) shares crossed below their 200-day moving average of $29.09, trading as low as $27.71.
• The company's recent quarterly earnings met expectations with $0.29 earnings per share, and it reported a revenue of $15.16 billion for the quarter.
• Hitachi's financials show a market cap of $129.07 billion, a debt-to-equity ratio of 0.13, and a price-to-earnings ratio of 10.57.

Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $29.09 and traded as low as $27.71. Hitachi shares last traded at $28.18, with a volume of 293,232 shares trading hands.

Hitachi Stock Down 0.1%

The business's fifty day moving average price is $28.74 and its 200 day moving average price is $28.23. The company has a quick ratio of 0.85, a current ratio of 1.12 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $126.55 billion, a PE ratio of 10.37, a PEG ratio of 1.28 and a beta of 0.85.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its earnings results on Thursday, July 31st. The conglomerate reported $0.29 EPS for the quarter, meeting analysts' consensus estimates of $0.29. Hitachi had a net margin of 6.45% and a return on equity of 10.83%. The business had revenue of $15.16 billion during the quarter, compared to analysts' expectations of $2,342.55 billion. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS. On average, equities research analysts forecast that Hitachi Ltd. will post 0.47 earnings per share for the current fiscal year.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.